Moderate Progress in Early 2025, with Possible Headwinds on the Horizon
In this monthly report, we analyze the latest economic trends—including trade and employment—and provide a real-time forecast of Canada’s real GDP growth.
Trade reached record highs in January 2025, while GDP by industry contracted in February. Furthermore, Canadians remain cautious about their current and future finances as economic challenges continue to evolve. As trade is a key driver of the Canadian economy, particularly in the manufacturing sector, which is heavily integrated with its U.S. counterpart, what role will tariffs play here? What policies will the federal government roll out to tackle the critical challenges that Canada faces?
Read the online experience to get our full analysis.
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